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Despite fiscal-cliff deal, Americans to pay more
... research group, estimates that 77 percent of American households will face higher federal taxes ... -income families will feel the biggest tax increases, but many middle- and low-income families will pay higher taxes too. ... (Associated Press) While the tax package that Congress passed New Year's Day will protect 99
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77% face higher taxes despite debt deal
... Washington research group, estimates that 77 percent of American households will face higher federal taxes ... - income families will feel the biggest tax increases, but many middle- and low- income families will pay higher taxes too. ... WASHINGTON (AP) - While the tax package that Congress passed New Year's Day will protect 99 percent
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More working familiesphased out of tax breaks
... 20 tax benefits, such as the child tax credit, phase out at higher income levels. Complaints ... -outs of deductions that could offset those higher rates. In effect, families are losing tax ... such as the higher $600-per-child tax credit that went into effect last year as part of President
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Poor are not poor because rich are rich
... the complex reality behind the fact that "median wealth of white households is 20 times that of black ... ; there are an equal number of households with higher and an equal number with lower wealth. "Average ... white household wealth is 20 times higher than median black household wealth, average white household
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Amnesty harms blacks
... , that is most damning. It is the 10-ton pink elephant in the middle of the room that no one is willing ... in to the convoluted desire of President Bush and passes an immigration bill that allows for amnesty ... points out the following: "Our research shows that low-skill immigrants' households, on average
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Reagan revolution redux?
... conclusions." In the 1980s, Reagan's slashing of the highest personal income tax rate from 70 percent ... and on capital gains from 20 percent to 15 percent. Moore says the sharp cuts in the double tax ... Bush's tax cuts, according to a new Congressional Budget Office report. The theory by economist
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Nothing certain except death and a FairTax
... in higher taxes over 10 years – and that's after accounting for his $154 billion ... reports, the top 10 percent of income earners pay 70 percent of all income taxes, while more than a third ... expenses. It is interesting to note, however, that the income tax law was revoked 10 years later
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Phony divide between fiscal, social issues
... Foundation reports that more than 70 types of federal means-tested handouts, in cash or benefits ... Murray laid this all out more than 20 years ago. He said, "Illegitimacy is the single most ... , are distributed. About half of Americans (47 percent) pay no income tax and depend for their living
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If Rubio's amnesty is so great, why is he lying?
... tax system. By "paying taxes," Rubio means "filing a tax return and getting a payment back from ... Rubio was the Mount Vesuvius of lies about his immigration bill. Here is how Rubio explained ... the powerful border-enforcing mechanism in his bill on "Fox News Sunday," which he denied was merely
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French court rejects 75% millionaires' tax
... (Yahoo!Sports) France's Constitutional Council on Saturday rejected a 75 percent upper income tax ... rate to be introduced in 2013 in a setback to Socialist President Francois Hollande's push to make ... tax on annual income above 1 million euros ($1.32 million) - a flagship measure of Hollande's